ScottRiqui wrote:Drake014 wrote:tkgrrett wrote:
hmm.. good find. I knew I should not have had faith in our journalists.
Isn't it sad when we do more checking than the person who wrote the article?JazzOne wrote:ScottRiqui wrote:So in short, I guess I'd have to go the "biglaw or bust" route, not because I want "models and bottles" or to drive a Bentley, but because the skewed nature of law salaries means that biglaw is just about the only way that law becomes a better financial option than the ones I already have.
A lot of people get criticized on these forums for the "biglaw or bust" mentality, but when tuition is so freakin' high, I don't see any other way to make law school a profitable decision.
LRAP. But yeah, I get your point. And yeah, I'm heading to Biglaw myself it would seem.
LRAP and similar loan-forgiveness programs are fine, if you're taking out loans and you really didn't have any prospects for pulling down > $50k/year without law school. But if you have no loans for the government to pay off and you passed up a career in another field that would have paid $80-90k/year without any additional schooling, all you're left with if you don't get Biglaw is a low-paying job and three years' worth of lost income. And that's if you can still get into the field that you passed up in order to go to law school in the first place.
That's the thing-
You should go to school because law is your "preferred" field. I could really care less if I start off making 50k, minus taxes and loans.. 36k. That's fine. It won't be that much forever. Personally, I like the fact that I always have the choice of setting up my own legal practice - as ill-prepared I might be... unless I do a local clerkship or something of the like.